WSJ learned about the possible tightening of US sanctions against Sberbank

Photo: Andrey Lyubimov / RBC

The US plans to tighten sanctions against the Russian banking sector, in particular, against Sberbank, informs The Wall Street Journal, citing sources.

The newspaper clarifies that Washington’s initial sanctions affected banks, collectively representing 80% of the assets of the Russian banking sector, but less severe restrictions on certain financial institutions “left Russian markets and the economy a way to connect with the global financial system.”

Sberbank came under US sanctions immediately after the start of the Russian operation in Ukraine. The bank was added to the CAPTA list, which implies restrictions on correspondent accounts in the United States and the refusal of the American financial system from any transactions coming from Sberbank.

The material is being added.

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